Investment trusts in 2016: Innovations, new launches and discount management

Douglas Brodie, manager, Edinburgh Worldwide investment trust How important are innovation and the ability to take advantage of new technologies? We look across the world for innovative businesses that are disrupting incumbents. They could, for example, be achieving this by coming up with a new product or delivering a better service. I prefer to buy young companies at the early stages of their development and then hold them for five to ten years. When I buy shares in a small company, I have in mind how big and profitable it could potentially become, rather than paying too much attent...